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Stacked Unemployment and the Labor Force - Discovering Data It is sometimes said that the official unemployment sifatistic undercounts unemployment rates because it does not
Stacked
Unemployment and the Labor Force Discovering Data
It is sometimes said that the official unemployment sifatistic undercounts unemployment rates because it does not count discouraged workers. Discouraged workers are defined as workers who have given up looking for work but who would take a job if one were offered to them.
In addition to the official unemployment rate the Bureau of Labor Statistics BLS defines five other measures of unemployment. The six different measures of unemployment are depicted in the accompanying graph.
ALFRED. II
and In what was the highest unemployment rate by any of the BLSs definitions? In the same month, what was the lowe E
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